VA home loan benefits and considerations
Low or no down payment
A VA mortgage loan requires little or no money down at closing.
Lower monthly payments
Even with no down payment, VA loans do not require mortgage insurance. The VA guarantees a portion of your loan, thereby saving you this monthly expense.
Simplified approval process
VA loans were designed to offset common financial challenges faced by military families and veterans, and to simplify the approval process.
Military Banking Services
U.S. Bank has products especially for military service members, veterans and eligible surviving spouses. Learn more about Military Banking.